Which of the Following Is NOT a Function of Most

question 63

Multiple Choice

Which of the following is NOT a function of most governments?

• A) to protect their sovereign territory
• B) to preserve order and stability
• C) to establish a legal system
• D) to arrest all opponents
• E) None of these answers is correct, as all are functions of the government.

Understand how different industries face varied threats and opportunities.

Be aware of the strategic significance of innovations in product delivery.

Recognize the difference between internal and external customers and utilities.

Understand the difference between operational effectiveness and strategic positioning.

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Definitions:

Supply

The total amount of a specific good or service that is available to consumers at a given price level and time.

Income Elasticity

A measure of how the demand for a good or service changes in response to changes in the consumer's income.

Income Elasticity

A measure of how much the demand for a product changes with a change in consumers' income.

Income Elasticity

A measure of how much the quantity demanded of a good responds to a change in consumers' income.